2 Answers

Dear landlord, Typical tenancy agreement does not allow breaking of lease for a 1 year lease. If you choose to accept this arrangement with the tenant, rightfully the salesperson will still deserve his/her full comms of half a month. The usual practise for service fees is half month rental for lease up to 12 months and one month rental for lease up to 24 months. Perhaps you should discuss this over with your salesperson. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** ARE YOU FREE 21st May?? Watch out this space for more landed homes deals!! More than 50% units sold @ Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location. Studio units are almost sold out!! https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Call us to find out MORE! Read More
0
Hi, In this case, your tenant is liable to reimburse you for the prorated amount of the remaining lease left. Which means, if he breaks the lease during the 6th month, he is liable to pay half of what you paid to your agent. This is rather common in most Tenancy Agreements. www.rentahouseforme.com Regards, Yvonne 96166604  Read More
0
  • JP
    They did not break the contract but in fact they informed me before signing the contract. I understand if they break the contract they have to reimburse the pro rated amount of comm back to me. Perhaps I should put it this way, is there a 6 months rental contract where only 0.25 month comm is given to agent?